Xero

Businesses from all sectors are enjoying increased efficiency and flexibility by moving to cloud-based accounting – and award-winning Xero software is at the forefront of that transition.

The switch towards digital services and cloud technology – driven to a significant extent by the Making Tax Digital (MTD) initiative – has seen many more businesses move their accounting activity online.

For many SMEs, Xero is the ideal cloud-based accounting solution. It is designed specifically to make small business easier – taking control of the numbers, so you can get back to what you do best.

Xero simplifies the bookkeeping process, moving all aspects online – including invoicing, credit control and VAT returns – while also offering management accounts, data transfer and client reporting. All of this is possible on a subscription basis, and without the need for any major software installation, as Xero is entirely website driven.

As a Xero Gold Partner, the team at Price Bailey can work with you to make the move to cloud-based accounting as smooth and seamless as possible. Benefits from switching to Xero include:

• Easier invoicing – send individual invoices using a simple ‘pay now’ button and automate professional recurring invoices, receiving updates when they’re opened
• Pay bills – manage your cash flow by scheduling payments and batch paying suppliers
• Faster bank reconciliation – your latest banking, credit card and PayPal transactions are imported and categorised, improving accuracy by reducing the need for manual entry
• Creating purchase orders – create and email custom purchase orders and copy to bills for payment
• Claim expenses – easy-to-handle personal expenses, just review and approve receipts
• Payroll – reduce manual data entry and increase compliance with combined payroll and accounting
• Anytime, anywhere access – work from anywhere in the world that has an internet connection, and on any device using the Xero mobile app
• Future compliant – Xero is fully compliant with Making Tax Digital, and also updates automatically, eliminating to need to install or pay for ongoing upgrades
• Specialist construction software – Xero has a CIS module for businesses involved in the construction industry
• Outstanding connectivity – Xero integrates with more than 700 third-party apps including inventory, invoicing, time tracking and expenses, extending the software’s support for your business.

Xero’s online accounting software is designed to make small business easier. To find out how we can help, get in touch.